Prospects for 2017 house prices – FT Adviser

Outside London, UK house prices are expected to rise in 2017. While wage growth remains slow or flat, the demand from first time house buyers is increasing faster than supply. As a result, house price inflation has continued to outpace wage inflation, with average prices up 7.7 percent in the year to September 2016. The forecast for this to continue is subject to ongoing economic growth and low borrowing costs.

Prospects for 2017 house prices – FT Adviser